Earnings release
Page 1
22 January 2026 Trading Update Associated British Foods plc (ABF) is today reporting revenue for the 16 weeks to 3 January 2026, following the estimates published on 8 January 2026. Group The following table sets out revenue by business segment for the period in comparison to the estimates previously provided, and to same period in the prior year. Estimate at 8 January 2026 Estimate at 8 January 2026 Revenue 16 weeks to 3 Jan £m Change at actual currency Change at actual currency Change at constant currency Change at constant currency Retail 3,502 +4.2% +4% +1.5% +1% Grocery 1,385 In line In line +0.7% +1% Ingredients 667 (2.9)% (3)% (2.1)% (2)% Sugar 675 (4.3)% (2)% (6.9)% (5)% Agriculture 521 (4.1)% (4)% (4.1)% (4)% Group1 6,759 In line +1% (0.9)% (1)% Primark The following table sets out revenue by market for the period in comparison to the same period in the prior year. There is no change from the estimates provided on 8 January 2026. Market Percentage of total sales Like-for- like sales growth Total sales growth UK only +1.7% +3% UK and Ireland 45% +1.1% +2% Europe (excluding UK and Ireland) 49% (5.7)% (1)% US 6% +12% Primark (2.7)% +1% ABF is scheduled to announce its interim results for the 24 weeks to 28 February 2026 on 21 April 2026. For further information please contact: Associated British Foods: +44 20 7399 6545 Joana Edwards, Interim Finance Director Lucinda Baker, Head of Investor Relations Joe Carberry, Corporate Affairs Director Citigate Dewe Rogerson: +44 20 7638 9571 Jos Bieneman Tel: +44 7834 336650 Sabine Pirone Tel: +44 7903 847557 1 This includes revenue of £9m from disposed and closed businesses (2025: £46m)